Beach Hatchery Balance Sheet Health
Financial Health criteria checks 6/6
Beach Hatchery has a total shareholder equity of BDT517.5M and total debt of BDT45.4M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are BDT617.7M and BDT100.2M respectively. Beach Hatchery's EBIT is BDT107.0M making its interest coverage ratio 29.8. It has cash and short-term investments of BDT57.0M.
Key information
8.8%
Debt to equity ratio
৳45.44m
Debt
| Interest coverage ratio | 29.8x |
| Cash | ৳57.00m |
| Equity | ৳517.52m |
| Total liabilities | ৳100.19m |
| Total assets | ৳617.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEACHHATCH's short term assets (BDT398.1M) exceed its short term liabilities (BDT79.0M).
Long Term Liabilities: BEACHHATCH's short term assets (BDT398.1M) exceed its long term liabilities (BDT21.2M).
Debt to Equity History and Analysis
Debt Level: BEACHHATCH has more cash than its total debt.
Reducing Debt: BEACHHATCH's debt to equity ratio has reduced from 13.8% to 8.8% over the past 5 years.
Debt Coverage: BEACHHATCH's debt is well covered by operating cash flow (40%).
Interest Coverage: BEACHHATCH's interest payments on its debt are well covered by EBIT (29.8x coverage).